TEODOR ANCUŢA, A KIND OF HITCHCOCK OF THE ROMANIAN CAPITAL MARKET Suspense surrounding the identity of the new managing director of Sibex

Teodor Ancuţa, the president of the Sibiu Exchange, is keeping the market in suspense concerning the identity of the identity of the man that will succeed him starting with the month of May as managing director of Sibex, but refusing to disclose his name. Mr. Ancuţa yesterday announced, exclusively for "BURSA", that he will step down from his executive position he holds in the Sibiu Exchange.

Hoever, in order to maintain the suspense, Mr. Teodor Ancuţa sent us a page from the resume of his replacement, which mentions their expertise in the financial sector.

The president of the Sibiu Exchange only revealed the fact that his replacement is a foreigner, with an expertise of 25 years in trading.

We hereinafter reproduce the information from the resume of the new managing director of the Sibiu Exchange, sent in by Teodor Ancuţa:

- he is an expert in all the aspects of the global market infrastructure and of the infrastructure

- he is an active entrepreneur in Eastern Europe and emerging markets.

- an expertise of 25 years in trading

- he has worked for almost 20 years as a professional on the financial markets, as analyst, broker, trader and advisor to several exchanges all over the world, investment banks, governments and many financial centers, including the CFTC in America.

- has been involved in the development of stock exchanges, has initiated projects in Africa, Australia, India, as well as in the entire Europe, North and South America, involved in the regulation projects for small markets, as well as for brokers, investment banks and fund management.

- has taught derivatives trading on the LIFFE Exchange of London, training in several reputed banks, brokerage firms etc.

- has written and published several specialized books

- trading bonds is a project of interest and with a bright future

- knowledge of tens of exchanges all over the world, which means developing relationships with them should be an easy task.

- will bring in new members, will increase volume and liquidity, the ideal person for consolidating the relationships with the rest of Europe, to develop the local existing solutions and the international ones.

- is part of the Investment Committee of a famous private fund that invests in stocks.